BAT shares fall below RM40 as earnings decline


As at the close of trading yesterday, the counter was down by 3.45% to RM39.20, with nearly 662,200 shares changing hands. The last time its share price was lower than the current level was on Feb 13, 2012, when it hit RM39.06.

PETALING JAYA: British American Tobacco (M) Bhd’s (BAT) share price has fallen below the RM40 mark for the first time in the past 15 months, amid declining earnings and narrowing dividends.

As at the close of trading yesterday, the counter was down by 3.45% to RM39.20, with nearly 662,200 shares changing hands.

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